How the Stock Market Would Be
Transformed by a 10 P.M. Close

By

Greg Ip Staff Reporter of The Wall Street Journal

Updated May 20, 1999 12:15 a.m. ET

If Richard Livingston could trade stocks at night, he would be a lot happier and a lot less paranoid.

At work a few weeks ago, Mr. Livingston, a mechanical engineer at a Houston consulting firm, was trying to place a trade through his Internet broker and couldn't get onto its Web site for 20 minutes. "I'm surprised my boss didn't call to ask me, 'Why you were online to an Internet brokerage for 20 minutes that morning?' They...